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(Welent) Welent complete technical analysis [charts+indicators] | Buy/Sell Welent | (Welent) share price targets

Complete technical analysis of Welent (Welent) by charts plus indicators, forecast predictions and share price targets for Welent (Welent)

10 day averaged volume of Welent is 73126

Date Daily Closing Price Open High Low Volume
27 Fri May 2022 91.70 89.95 93.25 89.95 0.196 times
26 Thu May 2022 90.20 90.20 93.20 87.15 0.788 times
25 Wed May 2022 90.15 93.70 97.60 89.25 1.669 times
24 Tue May 2022 95.45 91.00 95.95 89.10 1.721 times
23 Mon May 2022 91.35 85.10 92.55 85.10 1.46 times
20 Fri May 2022 84.90 78.50 90.20 78.45 1.55 times
19 Thu May 2022 76.95 79.15 79.15 76.75 0.114 times
18 Wed May 2022 80.15 78.65 80.65 77.60 0.266 times
17 Tue May 2022 78.15 76.30 78.50 76.30 0.162 times
16 Mon May 2022 76.30 76.35 80.00 72.70 0.879 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 89.6, but if it comes below 89.6, then a intra day sell could be more profitable.
If you take a sell trade below 89.6, then use 89.6 as stoploss and 83.2 as target. However if you take a buy trade in stock , then use 89.6 as stoploss and 97.3 as target.

Share price targets for Welent (Welent)

Target Type Value
Downside Target 69.00
Downside Target 72.30
Downside Target 75.65
Downside Target 80.30
Downside Target 83.50
Downside Target 88.85
Downside Target 90.35
Upside Target 92.70
Upside Target 93.75
Upside Target 97.60
Upside Target 102.05
Upside Target 105.05

Intraday share price targets for Welent (Welent)

Target Type Value
Downside Intraday Target 85.33
Downside Intraday Target 78.97
Upside Intraday Target 97.83
Upside Intraday Target 103.97
Downside Intraday Target 91.47

Weekly technical analysis of Welent (Welent)

Date Weekly Closing Price Open High Low Volume
27 Fri May 2022 91.70 85.10 97.60 85.10 1.964 times
20 Fri May 2022 84.90 76.35 90.20 72.70 1.392 times
13 Fri May 2022 76.20 81.50 83.50 69.00 2.339 times
06 Fri May 2022 81.95 88.60 88.85 80.30 0.386 times
29 Fri Apr 2022 88.95 86.95 92.70 85.40 0.814 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Welent (Welent)

Date Monthly Closing Price Open High Low Volume
27 Fri May 2022 91.70 88.60 97.60 69.00 0.989 times
29 Fri Apr 2022 88.95 72.60 93.75 72.60 0.296 times
31 Thu Mar 2022 72.95 78.80 85.85 72.30 5.203 times
28 Mon Feb 2022 78.80 101.30 102.05 75.65 0.782 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Welent (Welent)

Indicator Name Indicator Value Indicator Signal
ADX 29, 15, 32 Buy
MACD 3, 1Buy
Stochastics 74Buy
CCI 69Buy
RSI 51Buy
OBV 357816Sell
VWAP 88Buy
ADL 0Sell
ROC 20Buy
Force Index 0Sell

Price action analysis of Welent ( (Welent) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Welent ( (Welent) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Welent ( (Welent) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Welent ( (Welent) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Welent stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Welent in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Welent Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Welent in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Welent is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 88.42 and Welent (Welent) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Welent (Welent) stock. Volume based technical analysis of Welent (Welent) stock is negative.

Welent Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Welent charts

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Daily charts

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Daily chart

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